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Gold Rises on USD Woes

M. Ali 4 December, 2020 12:16 am Commodities, Market Update

Gold prices rose on Thursday, supported by the decline of the US Dollar (USD) on mixed economic data.

Gold futures for February delivery added around $11, or 0.6%, to close at $1,841.10 per ounce.

The rise of the yellow metal comes following a recent strong correction wave and monthly losses during November.

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